WHUT (Howard University Television)
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Jul 2, 2011
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we need like the muslim eu. we need the muslim religious leaders to come together and actually have debates. i think that --. >> rose: why isn't. >> that's not a problem of theedia or the perception, that's a problem within s it not? if you are saying they need have a debate but they're not, you know that's a responsibility from within to have a debate. >> that there is a problem. and there is a problem that some governments are hostage to the religious leaders. pakistan is a good example. saudi arabia. >> iran is a much more intense example because we have the religious leaders within the government to have the control but take north africa i think some of the most enlightening kind of intellectual work being done happens in morocco, tune ease -- ton ease ya, algeria and egypt, or will you find it in indonesia or malaysia or in sub sahharan africa. so there is an internal muslim problem that muslims need to address by themselves. it's not going to lp if it is tainted by some european assistce. that's the inside
we need like the muslim eu. we need the muslim religious leaders to come together and actually have debates. i think that --. >> rose: why isn't. >> that's not a problem of theedia or the perception, that's a problem within s it not? if you are saying they need have a debate but they're not, you know that's a responsibility from within to have a debate. >> that there is a problem. and there is a problem that some governments are hostage to the religious leaders. pakistan is a...
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Jul 2, 2011
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the polish prime minister assumed the mantle of the eu presidency. his predecessor proved controversial. nowow, donald as vowing to make solidarity his goal. he admits the coming months are crucial as the eu faces an uncertain financial future. >> we want to implement the basic lalaw th calls for a budget that is truly unified in nature. it must not be the outcome o ofa relentless struggle between national interests. >> poland says it supports the dui deal and hopes to have a renewed sense of optimism. warsaw -- supports the eu deal and hopes to have a renewed sense of optimism. >> with economic growth, with political growth, the political energy and commitment to our project, and enthusiasm that poland brings to the union, this puts poland in a strong position to push forward some very challenging project. >> taking out the ceremonial baton, the prime minister has plged to tackle those challenges in the months ahead. >> denmark's parliament approved a plan to introduce perermane customs controls along its eu borders next week. copenhagen says the me
the polish prime minister assumed the mantle of the eu presidency. his predecessor proved controversial. nowow, donald as vowing to make solidarity his goal. he admits the coming months are crucial as the eu faces an uncertain financial future. >> we want to implement the basic lalaw th calls for a budget that is truly unified in nature. it must not be the outcome o ofa relentless struggle between national interests. >> poland says it supports the dui deal and hopes to have a...
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Jul 15, 2011
07/11
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eu officials have admitted some type of greek default is inevitable. that is in spite of billions in german taxpayer support. people are curious and are getting the impression they are being used as financial fodder for eu bailouts with no and insight. here is a look of how people see team merkle as it reaches half term. >> summer in berlin, and many germans were cheering on their team in the women's world cup. in the and, the team disappointed, and that is exactly what many people feel about the current governing coalition as well. >> you would think they could word better together. i give them a yellow card. >> i am happy with them. >> they need to improve and do things with more dynamism. >> in my view, the only thing you can do with this government is send them off. >> if germans were to give their government a changing room peptalk, it would be harsh. 70% say they are not satisfied with the government's performance. only 29% say they are satisfied. it has definitely been a weak first half of the year for the government. but coach angela merkle and
eu officials have admitted some type of greek default is inevitable. that is in spite of billions in german taxpayer support. people are curious and are getting the impression they are being used as financial fodder for eu bailouts with no and insight. here is a look of how people see team merkle as it reaches half term. >> summer in berlin, and many germans were cheering on their team in the women's world cup. in the and, the team disappointed, and that is exactly what many people feel...
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Jul 1, 2011
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for the eu, it opens up south korea in terms of regulation. it will be beneficial for you pharmaceuticals and electronics. on the flip side, south korea makes more cars. that means they will have easy access for their car industry. >> tiny little amounts of champagne. let's get that. you are not getting any boos. >> it instantly scraps 70% of duties. almost one under% will be swept in the next five years. i will have more on the world does this report in 20 minutes. >> the chinese communist party celebrates his birthday today. it is the world's biggest political party. there are 18 million. our correspondent travel to northern china during the civil war more than 60 years ago it is considered the birthplace of china's communist revolution. >> the communist like to celebrate. courage and sacrifice, but most of it on one side. this is a partial version of history with a clear message. communist party say that china. children love the party, even before they are old enough to understand why. >> we are here to remember the parti's great achievemen
for the eu, it opens up south korea in terms of regulation. it will be beneficial for you pharmaceuticals and electronics. on the flip side, south korea makes more cars. that means they will have easy access for their car industry. >> tiny little amounts of champagne. let's get that. you are not getting any boos. >> it instantly scraps 70% of duties. almost one under% will be swept in the next five years. i will have more on the world does this report in 20 minutes. >> the...
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and the eu. that is not acceptable. we are arguing there should be a level playing field so companies are not obliged to move to china. >> and looking ahead, tuesday's wto ruling may just open the door to even more complaints, this time about china's quotas on exports of rare earth minerals. those are used in a wide range of high-tech products from hybrid cars to missiles. they've been tightening export controls over the past year. that's caused prices to skyrocket and the u.s. and eu have threatened to take the issue to the wto as well. nina? >> you know, ramy, china is on the hunt for me resources. we hear they're working out a deal for the coal reserves. of course, china uses huge amounts of coal. >> yeah, that's right. there's been a huge international fight for the reserve. the reason is it could very well be the world's largest reserve of coking coal. and that coking coal is used to make steel. so let me give you a breakdown of which countries won the long fought bid. in a big handshake to neighboring china with t
and the eu. that is not acceptable. we are arguing there should be a level playing field so companies are not obliged to move to china. >> and looking ahead, tuesday's wto ruling may just open the door to even more complaints, this time about china's quotas on exports of rare earth minerals. those are used in a wide range of high-tech products from hybrid cars to missiles. they've been tightening export controls over the past year. that's caused prices to skyrocket and the u.s. and eu...
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Jul 5, 2011
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eu experts traveled to north korea in june to examine the seriousness of the food situation. they confirmed that north kor n koreans are receiving only 20% of the necessary daily nutrition from state distribution systems. >>> indonesian nurses and caregivers are heading to japan to prepare for examinations to quality to work in the country. the candidates were invited to a send off party at the japanese embassy in jakarta on monday. >> japan has been accepting indonesian nurses and caregivers for four years. 105 will enter the program this year. the indonesian government said three applicants withdrew after the march 11 disaster in japan. but it also said many more are determined to join the program, despite opposition from their family members. >> after arriving in japan, they will learn japanese and then work in hospitals and nursing homes across the country. >>> and now we take a look at the latest in business news. you have the latest on greece? >> right, i do, katherine. concerns still lingering over greece despite the latest bailout plans. a major u.s. credit rating age
eu experts traveled to north korea in june to examine the seriousness of the food situation. they confirmed that north kor n koreans are receiving only 20% of the necessary daily nutrition from state distribution systems. >>> indonesian nurses and caregivers are heading to japan to prepare for examinations to quality to work in the country. the candidates were invited to a send off party at the japanese embassy in jakarta on monday. >> japan has been accepting indonesian nurses...
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Jul 6, 2011
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and the eu filed a complaint with the wto that china is unfairly imposing quotas and export duties on some metals. it referred to manganese, bauxite, and magnesium. china contended controls are needed to protect limited natural resours. a wto panel rejected china's argument in a report on tuesday, saying the country's export restrictions on these materials are inconsistent with wto rules. u.s. trade representative ron kirk welcomed the ruling, calling it a significant victory for manufacturers and workers in the united states and the rest of the world. he added that china's extensive use of export restraints for protectionist economic gain is deeply troubling. >>> a japanese government official has also welcomed the decision, adding that the country will closely watch the next move by china. china has not officially responded to the ruling, although it can appeal the decision. china has maintained that its export policy for rare metals is in line with wto rules. >>> in beijing, an accident involving a subway station escalator has killed one person and injured 28 others. china's offici
and the eu filed a complaint with the wto that china is unfairly imposing quotas and export duties on some metals. it referred to manganese, bauxite, and magnesium. china contended controls are needed to protect limited natural resours. a wto panel rejected china's argument in a report on tuesday, saying the country's export restrictions on these materials are inconsistent with wto rules. u.s. trade representative ron kirk welcomed the ruling, calling it a significant victory for manufacturers...
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Jul 13, 2011
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they are calling for total transparency. >> agreements negotiated between the eu and african nations should not be dictated by european business interests. they should be negotiated in a way that serves regional and local economies and africa. the german government argues that that is precisely the aim of their new development strategy. >> we have to ensure the contract concerning ron materials currently being agreed in africa actually benefits africa including permanent financial income from those materials. >> this is also in germany's interest to prevent though raw materials being snapped up by the raw materials that snapped up by germany and canada. they should benefit from a partnership of equals. >> we're happy to be joined in the studio by an african analyst at the conrad -- institute. the german government is calling this a partnership of equals. is that what the african governments are looking for? >> well, it depends on how you define a partnership of equals. i think by this term it means that this is a partnership of mutual respect and the past that was always up the case.
they are calling for total transparency. >> agreements negotiated between the eu and african nations should not be dictated by european business interests. they should be negotiated in a way that serves regional and local economies and africa. the german government argues that that is precisely the aim of their new development strategy. >> we have to ensure the contract concerning ron materials currently being agreed in africa actually benefits africa including permanent financial...
WHUT (Howard University Television)
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Jul 1, 2011
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european union trade commission described it as the most ambitious trade deal ever concluded by the eu. a new free-trade agreement with south korea comes in effect today and it is expected to boost trade by tens of billions of euros every year and create a quarter of a million jobs in south korea. let's take a look at which sectors are going to benefit the most from this deal. in the european union, the pharmaceutical sector will see big gains from the deal. the electronic industry will benefit because the trade bill breaks down the tough regulatory barriers and south korea. in south korea, the winners will likely be the auto manufacturers because they will gain duty-free access into the euromarkets. -- you market. as a paved the way for further agreements? the next bout is india and japan but the bigger the economy, the more difficult the deal. >> when we move on to the really big players -- japan, china, and the united states -- then that would make a difference but it will be much harder to negotiate. india is, again, somewhere in between. it doesn't have the systemic sycophants of
european union trade commission described it as the most ambitious trade deal ever concluded by the eu. a new free-trade agreement with south korea comes in effect today and it is expected to boost trade by tens of billions of euros every year and create a quarter of a million jobs in south korea. let's take a look at which sectors are going to benefit the most from this deal. in the european union, the pharmaceutical sector will see big gains from the deal. the electronic industry will benefit...
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Jul 7, 2011
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the eu is now on guard against any further moves by rating agencies as more downgrades may spark fresh worries. >>> and news just in. japan's core private sector machinery orders were up in may. that is the first increase in two months on a month on-month basis. the cabinet office said on thursday that major machinery makers received about 733 billion yen, or over $9 billion worth of domestic orders. that's up 3% from april. the figure excludes machinery for ships and power plants. >>> and now let's get a check on the markets. the dow snapped back into the positive, sidestepping data which showed a slight contraction in services ism for june, but to see how markets are trading here this thursday morning we cross over to ramin mellegard who's at the tokyo stock exchange. so ramin, u.s. markets look to have shrugged off weak data. how are tokyo stocks trading after machinery order numbers? >> very good morning to you, ai. and after those machinery orders we're seeing both the nikkei and the topix trading in the negative, marginally in the negative, but still the nikkei still trading abov
the eu is now on guard against any further moves by rating agencies as more downgrades may spark fresh worries. >>> and news just in. japan's core private sector machinery orders were up in may. that is the first increase in two months on a month on-month basis. the cabinet office said on thursday that major machinery makers received about 733 billion yen, or over $9 billion worth of domestic orders. that's up 3% from april. the figure excludes machinery for ships and power plants....
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Jul 12, 2011
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market sources say investors are speculating eu stress tests for regional lenders could reveal problems that are weighing down on italian banks. results will be announced later this week. italy's long-term bond prices have plummeted on the speculation. >>> now let's go check on tokyo shares after a considerable setback on wall street and continued concerns in europe. we go to ramin mellegard who is at the tokyo stock exchange. italy emerging as the next big story. >> very good morning to you, ai. we're really seeing that reflected in the markets here at the open boat the nikkei down over 100 points and below the key 10,000 level. that's the first time since last wednesday. and the topix trading lower as well. pretty much reflecting the town trend that we saw in the dow and in the u.s. markets as well. and the sovereign debt crisis in europe does seem to be a dark, immovable cloud hanging over global markets right now with very few signs of it being able to move on. now add that also to growth concerns in china and also continuing talks in congress in the u.s. about the debt ceiling. and
market sources say investors are speculating eu stress tests for regional lenders could reveal problems that are weighing down on italian banks. results will be announced later this week. italy's long-term bond prices have plummeted on the speculation. >>> now let's go check on tokyo shares after a considerable setback on wall street and continued concerns in europe. we go to ramin mellegard who is at the tokyo stock exchange. italy emerging as the next big story. >> very good...
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Jul 6, 2011
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i do not think any difference can be tolerated in the eu. what is it to prevent the justice system from fundamentally collapsing and the cane? -- and decaying? we say there is mutual recognition. major recognition between the u.k. and romania. what of the romanian justice systems collapse is more and more and more? who is going to account for that? who is going to scrutinize that? is it going to be some beer corrects -- bureaucrats? the only sustainable approach to scrutinizing the justice system's of the eu is the extradition process. it is extradition of lawyers and defenders to have the highest motivation to scrutinize the quality of justice in the state's they have been extradited to. that is a help the system. -- healthy system. it permits outside scrutiny and and stop european states from decaying. the european arrest warrant system removes the possibility. it is not open to us to look at any of the facts in the case. that is completely removed. all they're arguing about is where the two-page request is a valid document. >> [inaudible]
i do not think any difference can be tolerated in the eu. what is it to prevent the justice system from fundamentally collapsing and the cane? -- and decaying? we say there is mutual recognition. major recognition between the u.k. and romania. what of the romanian justice systems collapse is more and more and more? who is going to account for that? who is going to scrutinize that? is it going to be some beer corrects -- bureaucrats? the only sustainable approach to scrutinizing the justice...
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Jul 22, 2011
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thp at this hour we go straight to business news why we have details on the outcome of the emergency eu summit. >> that's right. a deal has been reached. lead verse reached an extra rescue package for greece as they have excessive debt. the deal is voluntary contributions by the private sector. >> fully supported by all of us, we approved the greek debt sustainability. we have shown that we will not waiver in the defense of our monetary union and our common currency. >> the decision was made in an emergency summit of the 17-member nations of the euro group on thursday in brussells. according to the statement released after the meeting, leaders agreed on a new rescue package worth 109 billion euros or about $155 billion in total. commercial banks and other creditors will bear a voluntary burden worth about 37 billion euros or about $53 billion. one of the options is to roll over current holdings of greek bonds to one with longer repayment periods. >>> some nations were reluctant to ask for priefr at sector involvement as this would be interpreted as a default by credit rating agencies bu
thp at this hour we go straight to business news why we have details on the outcome of the emergency eu summit. >> that's right. a deal has been reached. lead verse reached an extra rescue package for greece as they have excessive debt. the deal is voluntary contributions by the private sector. >> fully supported by all of us, we approved the greek debt sustainability. we have shown that we will not waiver in the defense of our monetary union and our common currency. >> the...
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Jul 11, 2011
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you know, if you look at this week, there needs to be a really convincing incredible story from the eu, and one of the things that is crucially important is that they somehow succeed in speaking with one voice. so what's clear and visible to politicians, for example, how to deal with this crisis, debt gap needs to be out. that could create more clarity and transparency. transparency is really a key dynamic, so if they are tough, if they are really providing a lot of information for investors to clear out the uncertainty in the financial sector in europe, that could also help. >> let's look at the earnings season which will kick off with alcoa in just a few hours time. what are we expecting out of that earnings season because i've seen suggests that we might see 13% growth, but this would be low and would not presumably support any progress in stock valuations going forward. >> yeah. thing there is a concern for us as well. i mean, of course, there's a lot of fundamentals with respect to a general level of earnings and the strength and balance sheets that still supports stocks, but over
you know, if you look at this week, there needs to be a really convincing incredible story from the eu, and one of the things that is crucially important is that they somehow succeed in speaking with one voice. so what's clear and visible to politicians, for example, how to deal with this crisis, debt gap needs to be out. that could create more clarity and transparency. transparency is really a key dynamic, so if they are tough, if they are really providing a lot of information for investors to...
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Jul 13, 2011
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said they will increase the size of the rescue mechanism currently in place and adjust the terms of eu loans to make it cheaper for them to pay off their debts. there are serious disagreements within europe about how to help greece and all the while, other countries are getting dragged into the crisis. >> violence has spread for a third night. bombs and missiles have been thrown at police officers. officers responded by using water cannons. the security lapse in afghanistan with tragic consequences. what more can you tell us? >> he was regarded as one of the powerful politicians and the country. his death has raised new fears about instability ahead of the handover to afghan forces. the white house has condemned the killing. " he described himself as the most powerful man in southern afghanistan. few disagreed. ahmad wali karzai was a controversial figure. he said that he added spice to afghan life great the roads to the compound were closed. the president's half brother lived under the tightest security, only the most trusted could get close. the head of personal protection it aroused
said they will increase the size of the rescue mechanism currently in place and adjust the terms of eu loans to make it cheaper for them to pay off their debts. there are serious disagreements within europe about how to help greece and all the while, other countries are getting dragged into the crisis. >> violence has spread for a third night. bombs and missiles have been thrown at police officers. officers responded by using water cannons. the security lapse in afghanistan with tragic...
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stress tests are now being implemented by the eu after the accident in fukushima. but how and when the tests will be carried out in japan are yet to be decided. currently in east japan, power restrictions are being imposed on major electricity users such as factories to cut 50% of their power use compared to their peak last year. this is raising concerns about its negative impact on the japanese economy. even the nuclear reactors that are now in operation are scheduled to stop one after another by spring next year for regular inspections. the government should clearly explain how it will secure safety of nuclear power plants and at the same time safely supply power. >> and that was nhk world's shinya kutsukake. >>> "newsline" is launching a new segment this friday, and you won't want to miss it. "the road ahead" will examine the impact of the march 11th earthquake and tsunami and japan's efforts to rebuild. that's "the road ahead" every friday night at 8:00 and 11:00 japan time. >>> ai uchida joins us now the latest in business news. headlines out of europe today?
stress tests are now being implemented by the eu after the accident in fukushima. but how and when the tests will be carried out in japan are yet to be decided. currently in east japan, power restrictions are being imposed on major electricity users such as factories to cut 50% of their power use compared to their peak last year. this is raising concerns about its negative impact on the japanese economy. even the nuclear reactors that are now in operation are scheduled to stop one after another...
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despite the financial bailout of the eu and imf. >> shirakawa also referred to the rise of the yen against the euro and the dollar, due to the spreading credit concerns in europe. he said turmoil on the financial markets could create a downswing risk for the japanese economy. on the tokyo foreign exchange market the dollar fell to the 79 yen level on tuesday for the first time in a month. market analyst says investors see the yen as relatively stable and continue to buy the currency out of concern that the greek debt crisis may spread to other european nations. >>> the u.s. trade deficit rose sharply in may, topping $50 billion for the first time in 31 months. the u.s. commerce department announced on tuesday that the trade deficit stood at $50.2 billion in may, up 15.1% from the previous month. it was the highest deficit since october 2008. a significant increase in the value of crude oil imports was a key factor. the u.s. trade deficit with members of the organization of petroleum exporting countries or opec rose 17.9% from the previous month. u.s. imports from japan remained stagnant du
despite the financial bailout of the eu and imf. >> shirakawa also referred to the rise of the yen against the euro and the dollar, due to the spreading credit concerns in europe. he said turmoil on the financial markets could create a downswing risk for the japanese economy. on the tokyo foreign exchange market the dollar fell to the 79 yen level on tuesday for the first time in a month. market analyst says investors see the yen as relatively stable and continue to buy the currency out...
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Jul 6, 2011
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i do not think any difference can be tolerated in the eu. what is it to prevent the justice system from fundamentally collapsing and the cane? we say there is mutual recognition. major recognition between the u.k. and romania. what of the romanian justice systems collapse is more and more and more? who is going to account for that? who is going to scrutinize that? the only sustainable approach to scrutinizing the justice system's of the eu is the extradition process. it is extradition of lawyers and defenders to have the highest motivation to scrutinize the quality of justice in the state's they have been extradited to. that is a help the system. -- healthy system. the european arrest warrant system removes the possibility. it is not open to us to look at any of the facts in the case. that is completely removed. all they're arguing about is where the two-page request is a valid document. >> [inaudible] >> i am so sad that we do not have time to go into it. this strange mutual recognition. paradox of being extradited without being charged. le
i do not think any difference can be tolerated in the eu. what is it to prevent the justice system from fundamentally collapsing and the cane? we say there is mutual recognition. major recognition between the u.k. and romania. what of the romanian justice systems collapse is more and more and more? who is going to account for that? who is going to scrutinize that? the only sustainable approach to scrutinizing the justice system's of the eu is the extradition process. it is extradition of...
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Jul 20, 2011
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we have an eu summit which will hammer out some of the issues, vis-a-vis eurozone markets. equity markets up to the tune of 1%. >> some of the numbers we were getting on the earnings front from the u.s. were pretty stellar. let's look at apple. the earnings solidly beat expectations after the bell on wednesday. the third quarter was a record one for the company in terms of both profit and sales. that led to the stock closing at an all-time high. the main money maker here, you just have to look at the chart to see it, obviously, is the iphone. apple sold more than 20 million of them in the third quarter alone. you can see from the chart that that's more than twice the number that was sold in the same quarter a year ago. but there was a weak spot, and i don't know if you can spot it here. the ipods here. you can see the figures going down. sales there dropped 20% from last year. >>> heading into a break, but when we come back, china's dubai is launching a browser looking to compete with google's chrome. you can be sure that google has a few tricks left up its sleeve. more on
we have an eu summit which will hammer out some of the issues, vis-a-vis eurozone markets. equity markets up to the tune of 1%. >> some of the numbers we were getting on the earnings front from the u.s. were pretty stellar. let's look at apple. the earnings solidly beat expectations after the bell on wednesday. the third quarter was a record one for the company in terms of both profit and sales. that led to the stock closing at an all-time high. the main money maker here, you just have to...
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the eu's approval has eased some investors' worries. we'll have more of that in just a moment, but taking a look at the markets as you can see, it's broadly speaking a mixed picture. the cac 40 down but we have pretty modest gains from the ftse 100. >> modest indeed. certainly here in asia, nina, things getting off of the a stronger start. the trading day is, of course, winding down. concerns are high, the european debt crisis being pushed aside. the nikkei up by nearly 1%, just at that 10,000 yechb threshold. it did cross a little earlier in the day and has pulled back from that. and that was thanks in part to tokyo electric power. shares up by 0% today. the company at the center of japan's nuclear troubles is getting very good news. senior government officials have proposed a plan to take up tepco. it puts the nuclear operations under government control. investors certainly working their way through some funding back. now, we're also looking at some high profile deal making. nestle is in talk with one of china's biggest confectioners.
the eu's approval has eased some investors' worries. we'll have more of that in just a moment, but taking a look at the markets as you can see, it's broadly speaking a mixed picture. the cac 40 down but we have pretty modest gains from the ftse 100. >> modest indeed. certainly here in asia, nina, things getting off of the a stronger start. the trading day is, of course, winding down. concerns are high, the european debt crisis being pushed aside. the nikkei up by nearly 1%, just at that...
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Jul 13, 2011
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to prevent this country from becoming the fourth eurozone nature to go cap in hand to the imf, the eu and the ecb. pauline. >>> european stock market investors are watching italy's debt crisis very closely. here is where they stand at the moment. let's take a look at the moment. the london ftse making some gains, so is the xetra dax t. zurich smi is pretty much flat at the moment on this wednesday morning. nina? >>> pauline, of course, the effects of italy's debt crisis are being next right across the board. let's have a look at where the ftse is. the milanese has lost about 4,000 points in the last six months alone as fears of contagion after the bailout is awarded have been hitting the shores in italy. it is the southern and peripheral areas of the eurozone that are most at risk. we also have the euro trading at 1.40 versus the dollar. up a little bit. boy, is that a currency that has suffered over the last few days because a lot of people have been saying that if italy is the next country that requires a bailout, it could be too big to fail. >>> nina, we're also seeing investors fl
to prevent this country from becoming the fourth eurozone nature to go cap in hand to the imf, the eu and the ecb. pauline. >>> european stock market investors are watching italy's debt crisis very closely. here is where they stand at the moment. let's take a look at the moment. the london ftse making some gains, so is the xetra dax t. zurich smi is pretty much flat at the moment on this wednesday morning. nina? >>> pauline, of course, the effects of italy's debt crisis are...
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Jul 15, 2011
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off a bailout to become the fourth euro nation if it were to do so to request one from the imf, the eu and also the ecb. this was the scene just yesterday as lawmakers approved a four year, $57 billion austerity plan. the lower house is expected to adopt some of these measures later on today. and newspapers have been having quite a field day with this situation. let me show you the front page of one of the newspapers owned by the prime minister berlusconi. they're on the bow of the titanic as that fated ship sinks. this is in reference to a comment made yesterday saying the situation of the country finds itself in at the moment is akin to the sinking of the titanic and not everyone the first class passengers are safe. >> you can always count on him for a very colorful sound bite. and another metaphor, the iceberg is all that debt under the surface. meanwhile time is running out to raise the u.s. debt ceiling. lawmakers are still at odds. another warning about a possible downgrade of u.s. debt. this time from standard and poors, has raised the stakes even higher with no compromise on ei
off a bailout to become the fourth euro nation if it were to do so to request one from the imf, the eu and also the ecb. this was the scene just yesterday as lawmakers approved a four year, $57 billion austerity plan. the lower house is expected to adopt some of these measures later on today. and newspapers have been having quite a field day with this situation. let me show you the front page of one of the newspapers owned by the prime minister berlusconi. they're on the bow of the titanic as...
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well top eu officials are set to meet later today in brussels. of course, they're going to discuss greece and the second aid package to greece. but there's also speculation that italy will be a topic of discussion. there are growing worrying that the italian economy, which is far larger than the three combined may be putted into the debt crisis as well. the index dropped 3.5% on fearses about the overall situation in italy. but a european council spokesman denies that today's event is a crisis meeting. ali. >> we'll keep a close eye on this. this is a problem that seems to not go away. kristie lu stout in hong kong. we'll check with you later in the show. thank you so much, chriskristie. >>> they celebrate the surpassing of their 2010 revenue goechlt cake wasn't enough for them. they blew up their sales vp's car. he wasn't in it by the way. the car, in case you can still make it out is a 1995 teal mitsubishi mirage which some say it looks better after they blew it up than it did beforehand. employees say it was a morral boost. you live in hong ko
well top eu officials are set to meet later today in brussels. of course, they're going to discuss greece and the second aid package to greece. but there's also speculation that italy will be a topic of discussion. there are growing worrying that the italian economy, which is far larger than the three combined may be putted into the debt crisis as well. the index dropped 3.5% on fearses about the overall situation in italy. but a european council spokesman denies that today's event is a crisis...
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Jul 22, 2011
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and broadly speaking these markets reacting positively to the news out of brussels last night when eu ministers decided to agree to a second bailout pack ang for grease. handset sales fell during the second quarter of 2011. the cell phone maker lost $535 million. its revenue was down by more than 7% but it could have been much worse. the stock actually closed up many than 3% in frankfurt on thursday and almost 6% higher in new york. it's currently trading at about 1.8% up on the frankfurt stock exchange as we speak. nokia smartphone sails were overtaken by iphone sales during the second quarter of the year. >>>ed on the back of the debt deal agreed in brussels on thursday the euro is trading higher against the u.s. dollar. as you can see it's plunged more than 3% against the greenback now trading at $1.44. let's look at the british pound. that's worth $1.63. and when it comes to the yen you can get 78.61 yen for each dollar. >>> let's check out the song market action here in asia. it's been a positive ending to a caution week. similar to what we're seeing happening in europe. but defi
and broadly speaking these markets reacting positively to the news out of brussels last night when eu ministers decided to agree to a second bailout pack ang for grease. handset sales fell during the second quarter of 2011. the cell phone maker lost $535 million. its revenue was down by more than 7% but it could have been much worse. the stock actually closed up many than 3% in frankfurt on thursday and almost 6% higher in new york. it's currently trading at about 1.8% up on the frankfurt stock...
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with regards to south korea, the eu has signed a trade agreement. canada has signed one. we talk about frozen potato products, what is more american than that? canada makes them, too. they have a free trade agreement with south korea. people here are worried that the u.s. does not have a trade agreement that bars will get hit with a higher tariff and we will lose out on the market to canada. host: from those other countries that have a trade agreement with south korea, was the process easier than what we are experiencing? guest: i'm not completely familiar with the process was for the european union and canada. every country has problems with trade agreements. in europe, you have the farmers, laborers that are really worried about the effect that these agreements will have. i did not not have a similar fight over workers' assistance program. it is never easy, but i think that if you look at what has been going on in the last five, six, seven years that the eu has been doing more trade agreements. canada, chile, even china has been doing more. the last trade agreement was
with regards to south korea, the eu has signed a trade agreement. canada has signed one. we talk about frozen potato products, what is more american than that? canada makes them, too. they have a free trade agreement with south korea. people here are worried that the u.s. does not have a trade agreement that bars will get hit with a higher tariff and we will lose out on the market to canada. host: from those other countries that have a trade agreement with south korea, was the process easier...
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. >>> eu leaders approved emergency funding for greece over the weekend. greece will receive $17 billion in emergency fund big july the 15th. protests turned violent last week after parliament added new austerity measures including new pay cuts for public workers to secure the funds from the eu. >>> a study says people are adding more to their retirement nest eggs, the savings rose about $18 trillion in the last quarter according to the company institute. that's up 10% from the same time last year and just below the record high in 2007. >>> president obama's housing chief says buy now. housing and urban development secretary shaun donovan says housing prices have hit rock bottom and believes we'll get back to time when homes are a good investment. >>> the hacker group unanimous stealing passwords of apple employees. anonymous tweeted and posted the hack info on its website. no customers information was stolen. cnn's calls to apple have not been returned. >>> "american morning" right back after the break. hey, the new guy is loaded with protein! really? 25
. >>> eu leaders approved emergency funding for greece over the weekend. greece will receive $17 billion in emergency fund big july the 15th. protests turned violent last week after parliament added new austerity measures including new pay cuts for public workers to secure the funds from the eu. >>> a study says people are adding more to their retirement nest eggs, the savings rose about $18 trillion in the last quarter according to the company institute. that's up 10% from...
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now, you might say that well, ok, we have justice systems in the eu in various countries. yes they vary in all sorts of ways. some are better, some are worse depending on your value system. but we have sunk so low that it is not even like that any more. the european arrest warrant talks about the mutual recognition of judicial authorities. but it has permitted each country to define what they call a judicial authority. and sweden has chosen to call policemen and prosecutors judicial authorities. the whole basis of this term being used in the original introduction of the european arrest warrant was that you would keep the executive separated from the judicial system that it was meant to be a natural and neutral party who would request contradiction and it is not. -- ex tradition. so there are many things like this that are going on in that case. i haven't been charged. so is it right to ex tradite someone to a state where they do not speak the language, where they do not have family, they do not know the lawyers, they do not know the legal system if you don't even have enou
now, you might say that well, ok, we have justice systems in the eu in various countries. yes they vary in all sorts of ways. some are better, some are worse depending on your value system. but we have sunk so low that it is not even like that any more. the european arrest warrant talks about the mutual recognition of judicial authorities. but it has permitted each country to define what they call a judicial authority. and sweden has chosen to call policemen and prosecutors judicial...
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eu approval of greece's next aid package has likely eased investor worry. as you said, ali, the markets are closed for the independence day holiday but looming large on the horizon is the jobs report due out on friday. ali, back to you. >> all right. business insider is report that china wants to get in on facebook. they want to buy part of facebook which is ironic because facebook doesn't really have friends in china. >> that's right. it's quite a headline, isn't it? china looking to buy a huge chunk of facebook, according to publication that quotes a facebook insider saying the china investment corp., china's sovereign welfare fund, is looking for this. facebook, as we all know, is blocked in china. beijing has lock blocked facebook as well as twitter but all the while allowing local social networking rivals who thrive and continue operating inside the mainland which is of course the world's largest internet market. just under 500 million internet users. back to the story from business insider, nothing confirmed yet. there's lot of buzz about it. no one i
eu approval of greece's next aid package has likely eased investor worry. as you said, ali, the markets are closed for the independence day holiday but looming large on the horizon is the jobs report due out on friday. ali, back to you. >> all right. business insider is report that china wants to get in on facebook. they want to buy part of facebook which is ironic because facebook doesn't really have friends in china. >> that's right. it's quite a headline, isn't it? china looking...
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Jul 25, 2011
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we had seen the bond markets sort of settle down a little bit on friday after the eu's decision to award greece a second bailout after months of deadlock. as you were saying moody's downgrading this to the last level above the lowest credit rating, ca 1. it was previously caa 1. it's difficult to see exactly why they've done this. they've done it in response to last week's decision to award this country more money. will it be enough to solve all the ills for a country like greece and, indeed, other euro zone countries having very difficult time raising money on the bond markets. that brings me to the u.s. debt impasse. the markets here broadly speaking, ali, on this side of the atlantic, very much reacting negatively to the situation going on where you are, vis-a-vis the debt debacle and impasse over there, because the u.s. is not only the world's largest economy, enormous trading partner for the european country, but it also has the world's major trading currency and world's major reserve currency. >> which means this becomes a problem for the entire world for those americans thinking t
we had seen the bond markets sort of settle down a little bit on friday after the eu's decision to award greece a second bailout after months of deadlock. as you were saying moody's downgrading this to the last level above the lowest credit rating, ca 1. it was previously caa 1. it's difficult to see exactly why they've done this. they've done it in response to last week's decision to award this country more money. will it be enough to solve all the ills for a country like greece and, indeed,...
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it was the middle of negotiating a very close economic relationship with the eu. this has been ben ali's last chance of being able to get more money to keep his family happy and his supporters happy. you know? just the money would pour in and go to wherever it goes in those situations. they couldn't get it -- they were worried about the eu not liking the kind of regime. they passed a law making it treason for any tunisian citizen. we went and i'm just explaining because this is how it happened. we went to the european parliament and testified. they were so flightened, they threw in four opposition mps, there was no opposition, right, to speak against us. it was one of those beautiful days when all we had to do is say here's their law. here's the speak by the minister of justice. he says they have to put everyone in prison and shut down freedom of expression in order to please you, the europeans. they can't do a deal with you. they say unless they shut down freedom of expression. if you do this deal with them, you are actively complicit in the shutting down of free
it was the middle of negotiating a very close economic relationship with the eu. this has been ben ali's last chance of being able to get more money to keep his family happy and his supporters happy. you know? just the money would pour in and go to wherever it goes in those situations. they couldn't get it -- they were worried about the eu not liking the kind of regime. they passed a law making it treason for any tunisian citizen. we went and i'm just explaining because this is how it happened....
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eu leaders came together and struck a quick deal. they are not out of the woods by any stretch of the imagination. >> they are not. the deal they came to yesterday, advances things significantly. what they did for the first time is allow some private sector folks to take a haircut. they should have allowed that a long time ago. they put together the institutions we have here like a big central fund, which they don't have. they are 27 different countries rather than a single state. they have a long way to go, though. a lot of what's going on -- frankly a lot of the problem is the short sellers to attack the country. it's caused a lot of the problem. i think they ought to restrict short selling for the duration of all this. that accelerates the panic. you will bring down the good with the bad. they did important things yesterday, not just in helping the greeks, but made it easier for portugal -- it's where there should be recovery quickly. >> the problem they have, a lot of the debts are held by banks of their own country. who are they
eu leaders came together and struck a quick deal. they are not out of the woods by any stretch of the imagination. >> they are not. the deal they came to yesterday, advances things significantly. what they did for the first time is allow some private sector folks to take a haircut. they should have allowed that a long time ago. they put together the institutions we have here like a big central fund, which they don't have. they are 27 different countries rather than a single state. they...
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the eu and others have them in addition to an income tax. you can structure them based on whether it is rated for exports. it will make your exports cheaper. senator mccain and others talked about possibly a v.a.t. instead of a corporate tax, for example. others on the liberal side would say, perhaps in addition to, but that gets conservatives worry because it could be super fuel for federal spending. it would massively raise revenue. it is interesting be affected has on trade. in the south korean deal, korea used to have this terrible practice of auditing anyone who bought a u.s. car. that has gone by the wayside through u.s. pressure. the hope is that we will see u.s. car exports to the south. go of. right now, there are very few of u.s.-made vehicles on the streets of korea. host: an e-mail rights. let's hear from green bay, wisconsin no, barbara, independent. caller: i have many concerns. i am trying to stay focused. i watched face the nation yesterday and i hear them talk about august 2. there were talking in the social security, medica
the eu and others have them in addition to an income tax. you can structure them based on whether it is rated for exports. it will make your exports cheaper. senator mccain and others talked about possibly a v.a.t. instead of a corporate tax, for example. others on the liberal side would say, perhaps in addition to, but that gets conservatives worry because it could be super fuel for federal spending. it would massively raise revenue. it is interesting be affected has on trade. in the south...
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division released a study about what happens if we do not proceed and connect the is because of the eu and canada proceeding. >> we are talking about a jobs summit. the chamber conducted what it was really a pretty straightforward analysis of what happens while the year it hit -- european union, canada, and others move into free trade agreements while we do nothing. we stand to lose 380,000 jobs in this country. there are other analyses including one by the trade commission that estimates that the korea agreement alone could create 380,000 jobs here. we are a fourth in the road. we are a stark choice. half a million american jobs or more are in the balance. we think there is a strong case for moving down one of these roads, and not the other. >> let me ask mike eastman to start out by touching a little bit on the national labor relations board's stunning decision where they have decided that the boeing corporation, despite investing $1 billion should not be permitted to open up a new facility in south carolina, a right-to-work state. interesting, since nearly half of the country are ri
division released a study about what happens if we do not proceed and connect the is because of the eu and canada proceeding. >> we are talking about a jobs summit. the chamber conducted what it was really a pretty straightforward analysis of what happens while the year it hit -- european union, canada, and others move into free trade agreements while we do nothing. we stand to lose 380,000 jobs in this country. there are other analyses including one by the trade commission that estimates...
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wasa ph*eu is a foreign enemy combatant, and he should be treated as one, should be sitting in a cell in guantanamo bay and eventually be tried before a military commission. warsami is an admitted terrorist. in 2009, warsami trained and fought with the military islamic group al shabab in sphol kwrafplt he has provided training. since president obama ordered the closing of the facility in guantanamo bay and end the enhanced interrogation program, senate republicans have been asking the administration what would be done with an unlawful enemy combatant captured overseas in a place other than iraq or afghanistan. at one point the c.i.a. director, leon panetta, speculated that if osama bin laden had been captured alive, he would have been sent to guantanamo. over time, it became clear that the administration did not have a policy in place that could address this circumstance. and so without a straight answer, we were left in the dark on how this administration would handle an enemy combatant captured overseas. finally after waiting 18 months, i think we have our answer. as was disclosed y
wasa ph*eu is a foreign enemy combatant, and he should be treated as one, should be sitting in a cell in guantanamo bay and eventually be tried before a military commission. warsami is an admitted terrorist. in 2009, warsami trained and fought with the military islamic group al shabab in sphol kwrafplt he has provided training. since president obama ordered the closing of the facility in guantanamo bay and end the enhanced interrogation program, senate republicans have been asking the...
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eu end up with a ration care. this last saturday on my program i had a nurse practitioner call in from arkansas who said that already they are being turned down for treatments. they request treatment and are being turned down under medicare because the person is terminal. since they are terminal, the treatment is not worth giving. they suffer and die. there is a woman going blind and that she cannot get treatment for her element that is causing her to go blind, because she is terminal. dr. berwick, put in a recess appointment ito be the head of medicare, is it in a love affair with the british system. they deny people 59.5 because it is not a good investment. even president obama said it was perhaps not the best use of resources to give his grandmother and a hip replacement after she was diagnosed with terminal ccer. i guess she could hobble around in panama she was dying of cancer. that is a -- not the kindh -- whilee around in pain b she was dying of cancer. that is not the kind of treatment jesus would endorse.
eu end up with a ration care. this last saturday on my program i had a nurse practitioner call in from arkansas who said that already they are being turned down for treatments. they request treatment and are being turned down under medicare because the person is terminal. since they are terminal, the treatment is not worth giving. they suffer and die. there is a woman going blind and that she cannot get treatment for her element that is causing her to go blind, because she is terminal. dr....
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we have the combined you and, / and,un/eu forces, and partly peacekeeping but a lot of assistance to creating a a viable government system in the south and we have the special force in abyei which would not have been able to get these forces to withdraw. i don't see any major additional activities. the government of sudan has said we don't want a continuation of the un in the north but there is a role but not have a role in monitoring the border of their discussion but not another big mission. i don't see any major new mission requirements but i can say these -- the ones we have will diminish in the near future. until these big issues are resolved. >> thank you very much. senator isakson and senator udall. >> i will be brief. not my impression when i was in khartoum in view of darfur they were content to fight a surrogate war because it was far enough removed from khartoum not to feel any pressure but you made an interesting comment a section ago about how jem and spla are watching because of the geographic processes. if the north continues the alleged or apparent atrocities we had s
we have the combined you and, / and,un/eu forces, and partly peacekeeping but a lot of assistance to creating a a viable government system in the south and we have the special force in abyei which would not have been able to get these forces to withdraw. i don't see any major additional activities. the government of sudan has said we don't want a continuation of the un in the north but there is a role but not have a role in monitoring the border of their discussion but not another big mission....